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Future Space Transport Co., Ltd. Receives 1 Billion Yen Additional Allocation and Extension Period Approved by SBIR Phase 3 Stage Gate Review Committee

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Key facts

  • Future Space Transport Co., Ltd. Receives 1 Billion Yen Additional Allocation and Extension Period Approved by SBIR Phase 3 Stage Gate Review Committee
  • Future Space Transport Co., Ltd. has passed the stage-gate review of the Ministry of Education, Culture, Sports, Science and Technology's SBIR Phase 3 program, receiving an additional budget allocation of 1 billion yen and an extension of Phase 2 until the end of May 2027.
  • Source: PR TIMES
  • Date: Fri Jun 05 2026 23:00:02 GMT+0900 (Japan Standard Time)

Direct answer

Future Space Transport Co., Ltd. has passed the stage-gate review of the Ministry of Education, Culture, Sports, Science and Technology's SBIR Phase 3 program, receiving an additional budget allocation of 1 billion yen and an extension of Phase 2 until the end of May 2027.

Citation
Future Space Transport Co., Ltd. Receives 1 Billion Yen Additional Allocation and Extension Period Approved by SBIR Phase 3 Stage Gate Review Committee (Fri Jun 05 2026 23:00:02 GMT+0900 (Japan Standard Time)), PR TIMES
Source
PR TIMES
Date
Fri Jun 05 2026 23:00:02 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Future Space Transport Co., Ltd. has passed the stage-gate review of the Ministry of Education, Culture, Sports, Science and Technology's SBIR Phase 3 program, receiving an additional budget allocation of 1 billion yen and an extension of Phase 2 until the end of May 2027.

AI Analysis

Frequently Asked Questions

Q: What is SBIR Phase 3?
A: It is a fund project by MEXT to support the development and demonstration of private rockets in the space field.
Q: How much additional budget was allocated?
A: 1 billion yen.
Q: Until when is Phase 2 extended?
A: Until the end of May 2027.